AI
OpenAI researchers warned board of AI breakthrough ahead of CEO ouster – report
The news report came after Open AI announced that it will bring back Altman and appoint new board members, after nearly all of its employees threatened to leave the AI startup over his surprise ouster earlier.
Singapore’s Climate Alpha raises $5M in seed round led by Jungle Ventures
Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million seed round led by Jungle Ventures.
Sam Altman will return as OpenAI CEO after staff threatened to resign
Altman’s departure follows a deliberative review process by the board, which concluded that he was "not consistently candid in his communications with the board", hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI, the statement added.
HSBC-backed Bizbaz announces strategic partnership with RCBC Bank
Singapore-based credit scoring and risk models assessment solution Bizbaz has announced a strategic partnership with Philippine retail bank Rizal Commercial Banking Corporation (RCBC Bank) to integrate AI-driven credit scoring to expand lending and increase financial inclusion.
Cisco: only 14 percent of global organizations are fully prepared to deploy and leverage AI
A mere 14 percent of organizations globally are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’ inaugural AI Readiness Index released on Tuesday. While AI adoption has been slowly progressing for decades, the advancements in generative AI, coupled with public availability in the past year, are…
MAS partners industry to develop generative AI risk framework for the financial sector
The Monetary Authority of Singapore (MAS) has on Wednesday announced the successful conclusion of phase one of Project MindForge1 which seeks to develop a risk framework for the use of Generative Artificial Intelligence (GenAI) for the financial sector.
MYEG and Yayasan Chow Kit join hands to prepare youth for the Web3 era
MY E.G. Services Berhad (MYEG), a e-government service provider in Malaysia, has partnered with non-profit organization Yayasan Chow Kit (YCK) to foster digital inclusivity for marginalized youth in and around Chow Kit area in Kuala Lumpur.
Malaysian government and Google announce strategic collaboration
The government of Malaysia and global tech giant Google have on Thursday announced a strategic collaboration to create inclusive growth opportunities for more Malaysians and homegrown companies in the fast-growing digital economy.
Taiwan’s Profet AI launches enterprise AI lifecycle management platform for AI governance
Profet AI, a Taiwan-based enterprise artificial intelligence (AI) application provider for the manufacturing industry, has announced the official launch of AI Lifecycle Management Platform (AILM), an enterprise platform for AI governance.
